Kolkata's office market achieved exceptional growth in Q3 2025, with transaction volumes reaching 0.5 million sq ft, a 190% year-on-year surge. Strong IT and flex space demand, combined with limited Grade A supply, propelled rental values to 14% YoY growth, the highest among major Indian cities.
Wyndham Hotels launches its first branded property in Nainital with 155 keys including luxury villas. The greenfield project, slated for 2027 opening, represents significant investment in premium hospitality infrastructure near Naini Lake.
GIFT City in Gandhinagar surges with IBM's 60,000 sq. ft. facility, Capgemini's 45,000 sq. ft. space, and Google's investor pursuits. This boom sparks 4,500 residential units under construction, green parks, malls, and India's first IGBC Platinum-rated greenfield smart city, boosting sustainable living and business appeal.
Mumbai's office sector shines with 11% year-on-year rent increase, the thirteenth straight quarter of growth per Knight Frank's Q3 2025 report. Premium Grade A spaces in Nariman Point, Lower Parel, and Bandra-Kurla Complex draw strong demand as developers prioritize project completions over new launches in a supply-constrained market.
Hyderabad now boasts 356 Global Capability Centers, capturing about 18% of India's total. This surge cements its role as an emerging hub in Asia. Experts at the IKON 2025 conference predict strong future demand for commercial offices, driven by thriving pharmaceutical and defense sectors gaining momentum in the city.
New Delhi's central business districts like Connaught Place, Nehru Place, and ITO report a 12% year-on-year surge in office rentals to Rs 1.25 lakh per sq ft annually, driven by GCC expansions, outperforming NCR's 9% average, as per Knight Frank and JLL.
Cushman & Wakefield's MarketBeat report highlights Pune's office sector soaring in Q2 2025, boasting 3.3 MSF gross leasing and a record 2.2 MSF net absorption, fueled by strong demand from engineering and manufacturing industries amid expanding Grade-A supply.
Mumbai's retail sector saw a robust 13% increase in leasing activity during Q3 2025, reaching 0.59 million square feet. Fashion brands captured 40% of the market, while domestic retailers dominated deals. Malls continued to attract tenants with significant year-on-year growth.
A massive 17-acre plot in Kolkata's New Town is up for auction at Rs 800 crore, signaling robust growth in the commercial sector. This follows Srijan Realty's Rs 693 crore buyout of DLF IT Park 2, showcasing high investor trust in the city's real estate potential. Experts predict this could transform New Town into a key business hub.
Ahmedabad's office market showed impressive growth in Q2 2025, recording 161,000 square feet in gross leasing, dominated by GIFT City at 70%. The city added 0.8 million SF of new space, with net absorption hitting 3 million SF over the past year, dropping vacancy rates to 26%. Engineering & manufacturing and IT-BPM sectors each claimed 24% of leasing activity, signaling strong economic momentum.
Mumbai's office sector showed remarkable growth in Q2 2025, with gross leasing reaching 4 million square feet. Flexible workspaces led the charge, followed by BFSI and IT-BPM sectors. Net absorption hit a high of 2.6 million square feet, signalling strong market demand.
September 2025 sees Noida's commercial real estate sector thriving with record investments in office and retail properties. Infrastructure upgrades and strategic location drive demand for Grade A spaces, positioning Noida as a top investment destination with high growth potential for investors.
Amazon Development Centre India leases 220000 sq ft from WeWork in Chennai, marking 2025's largest office transaction. The 40-month deal accommodates 3500+ work units, underscoring Chennai's rising prominence alongside Bengaluru and Hyderabad in India's tech real estate landscape.
GMADA scraps mixed-use plan for Sector 87, opting for pure commercial development modeled on Chandigarh's iconic Sector 17, acquiring 236 acres across three villages.
Fractional ownership models enable retail investors to purchase shares in Ludhiana's high-value commercial properties with smaller capital commitments, democratizing access.
Gandhinagar's commercial real estate undergoes major transformation as GIFT City expansion attracts global firms, creating premium demand in Kudasan and Raysan corridors.
Mumbai Port Authority announces major land leasing initiative across Mumbai and Raigad, targeting Rs 13,279 crore revenue from 28 strategic parcels over 30 years.
High-quality office buildings in Noida sectors 62, 63, 125, and 132 experience record demand as tech companies and startups seek modern amenities and superior connectivity.
Thane emerges as key commercial hub with 10% of Mumbai's office demand, offering affordable rents and 2.7 million sq ft under construction in MMR expansion.
East Fort Thrissur experiences remarkable growth in mixed-use developments as projects combining residential, retail, and office spaces gain momentum, meeting diverse urban living needs.
Manglam Builders acquires 3.5-acre land on Ajmer Road for ₹107 crores, planning a ₹500 crore luxury mixed-use project with retail, hotel, multiplex, and offices spanning 11 lakh sq ft.
A 0.84-acre commercial site in Mohali's Sector 68 near NIPER sold for ₹83 crore in PUDA's e-auction, attracting 25 competitive bids and setting new benchmarks.
Infrastructure upgrades along Bailey Road and cost-effective Danapur warehouse solutions are driving significant commercial property investments in Patna's expanding market.
Pacific Group plans ambitious 15 lakh sq ft mall and 130-room hotel development in Jaipur, targeting growing premium retail demand with 2026-2027 completion.
Ahmedabad's retail leasing hits 50,000 sq ft in Q1 2025, with main streets claiming 87% share, led by fashion retailers expanding into prime high-traffic zones.
